Private Equity
Double dip or no double dip, backers of U.S. turnaround shops are gearing up for an increase in financial distress. At least 14 such funds are, or have recently been, in the market this year, seeking to raise $27.3 billion, according to Thomson Reuters data.
2 min read · 03 September 2012
Buyout industry watchers say change is likely to come slowly in the fundraising market, even though the Securities and Exchange Commission has proposed rules to ease marketing restrictions that date back nearly 80 years.
4 min read · 29 August 2012
2 min read · 13 August 2012
2 min read · 13 August 2012
3 min read · 13 August 2012
1 min read · 13 August 2012
Count the growth equity firm Summit Partners among those raising new funds to meet the credit needs of portfolio companies. The Boston-based firm announced Aug. 1 that it had closed a $520 million credit fund, well ahead of the vehicle’s $300 million target.
3 min read · 02 August 2012
Although overall returns are low, especially for the venture industry, they are on the rise
2 min read · 31 July 2012
The pension fund’s Golden State venture portfolio has commitments of $560 million and an overall IRR of 0.9% to date.
2 min read · 31 July 2012
Among the CalPERS investments with falling IRRs are Khosla Ventures III and Khosla Venture Seed, both from 2009
2 min read · 31 July 2012
